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227 Wallace St , Cumberland, MD 21502
$155,000
Est. Payment: $824.98/mo
3 Bed
2058 Sqft
0.06 Acres
Status: active | Days on site: 73
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House Description

INVESTORS & HOMEOWNERS—HERE’S AN OPPORTUNITY WITH OPTIONS! Discover the potential of this classic brick duplex located on Cumberland’s desirable West Side! Whether you’re looking to expand your investment portfolio, live in one unit while generating rental income from the other, or explore the possibility of converting the property back into a spacious single-family home, this property offers flexibility, character, and opportunity. The duplex features one 1-bedroom unit and one 2-bedroom unit, both offering spacious living areas and beautiful original woodwork throughout. The main-level unit welcomes you with a large living room, charming pocket doors, a separate dining area, and both front and rear porches. The screened-in rear porch with ceiling fan creates the perfect spot to relax, enjoy the views, and unwind after a long day. The upper unit offers its own special retreat with a front porch balcony, ideal for morning coffee, evening relaxation, or simply taking in the surroundings. Comfort is covered with gas heat, including radiator heat in the upper unit and natural gas forced-air heat in the lower unit, along with central air. Even better, all utilities are separately metered—including water, making this property especially attractive from an investment standpoint. All appliances convey, including the washer and dryer, adding even more value and convenience. A full unfinished basement provides plenty of additional storage space. Live in one unit and let the other help offset your expenses, rent both units for investment income, or investigate opening the property back up into a beautiful single-family residence—the possibilities are exciting! Character. Income potential. Flexibility. Location. This West Side brick duplex checks all the boxes and is PRICED TO SELL! Don’t miss your opportunity to own a property with multiple possibilities. Call today to schedule your private tour! Prepare to be wowed!

Highlights

Listed by Pamela A Terry , 3016971442 EXP Realty, LLC , 8888607369. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.06

Year Built

1909

County

Allegany

Area

W Cumberland - Allegany County (MDAL3)

School District

Allegany County Public Schools

Listing ID

MDAL2015654

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
Appliances:Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer
Air Cond:Central A/C,Ceiling Fan(s)
Fireplaces:
Floor:Carpet,Wood,Vinyl
Above Ground Sq Ft:2058
Basement:Connecting Stairway,Full,Outside Entrance,Rear Entrance,Unfinished
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Zoning:RESIDENTIAL
Roof:Slate,Other
Others:
  • ▪ Additional:Very Good
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$825
Taxes
$159

Home Price

$155,000

Loan Details

30 yrs
7%

Down Payment

20%
$31,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$824.98

Principal

Taxes

Principal Taxes HOA Total
Monthly $824.98 $158.50 $0.00 $983.48
Yearly $9,899.70 $1,902.00 $0.00 $11,801.70
Total $296,991.03 $57,060.00 $0.00 $354,051.03
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Cumberland, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T23:12:42.000Z

© 2026 Bright MLS